UNDER CONTRACT – Approx. 22,000 sf of Income Producing Office & Warehouse Space

1130 Topside Road, Louisville, TN 37777

Rob Strickland 865.310.3208 or Wes Cate 865.310.3211

1,150,000

Furrow Strickland Listing Information

UNDER CONTRACT

Approx. 22,000 sf of Income Producing Office & Warehouse Space

1130 Topside Road, Louisville, TN 37777

  • Great income producing property with long-time tenants convenient to Pellissippi Parkway and Alcoa Highway
  • The property includes four total buildings:
    • Building 3: 5,760 sf office and warehouse space
    • Building 4: 5,760 sf two story office
    • Building 5: 7,200 sf two story office
  • Warehouse: 3,200 sf
  • Each space is individually metered. Tenants are responsible for interior repairs and utilities, owners are responsible for insurance, taxes, exterior and mechanical units
  • The 3,200 sf warehouse has a drive-in door, suspended gas heat and a bathroom, the back side of the buildings, the warehouse and covered sheds are fenced-in
  • There is also a covered shed divided into 10 slots, acreage for entire property is 2.54 acres
  • The property currently has 4 tenants occupying approximately 17,300 sf generating $9,460 / month. While these 4 Tenants are currently month to month, they are willing to sign leases. The property owners occupy approximately 4,700 sf and are willing to sign leases generating an additional $2,000 / month.
  • Total number of units/square footage: 3 Buildings, 1 Warehouse and 1 Storage Shed
 
  • Total monthly income with existing tenants: $9,460.92 / Month
  • Total potential monthly income from the existing  owners: $2,000.00 / Month
  • Total gross income of approximately 22,000 sf of occupied space is $11,460.92 / Month

Zoning:
  • City of Alcoa: Light Industrial F

Tax Information:
  • Estimated Blount County Taxes: $7,660.00
  • Estimated City of Alcoa Taxes: $7,040.00
  • Total Estimated Property Taxes: $14,700.00

Utilities:
  • Electricity: City of Alcoa
  • Water: City of Alcoa
  • Sewer: City of Alcoa
  • Natural Gas: Atmos Energy

Documents:
Directions
  • From Alcoa Highway, travel west on Topside Road for .2 miles. Property on right. No sign on property.
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Rob Strickland 865.310.3208 or Wes Cate 865.310.3211

1,150,000

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